China Cinda Asset Management Dividend
Dividend criteria checks 3/6
China Cinda Asset Management is a dividend paying company with a current yield of 7.86% that is well covered by earnings.
Key information
7.9%
Dividend yield
41%
Payout ratio
Industry average yield | 4.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | HK$0.11 |
Dividend yield forecast in 3Y | 11.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1359 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1359 has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
China Cinda Asset Management Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (1359) | 7.9% |
Market Bottom 25% (HK) | 3.4% |
Market Top 25% (HK) | 8.3% |
Industry Average (Capital Markets) | 4.4% |
Analyst forecast in 3 Years (1359) | 11.6% |
Notable Dividend: 1359's dividend (7.86%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.44%).
High Dividend: 1359's dividend (7.86%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.4%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41%), 1359's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.9%), 1359's dividend payments are thoroughly covered by cash flows.